Acadia Realty Trust reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was USD 84.21 million compared to USD 79.34 million a year ago. Revenue was USD 85.51 million compared to USD 80.58 million a year ago. Net loss was USD 1.34 million compared to net income of USD 3.98 million a year ago. Basic loss per share from continuing operations was USD 0.02 compared to basic earnings per share from continuing operations of USD 0.04 a year ago. Diluted loss per share from continuing operations was USD 0.02 compared to diluted earnings per share from continuing operations of USD 0.04 a year ago.
For the full year, sales was USD 333.04 million compared to USD 317.81 million a year ago. Revenue was USD 338.69 million compared to USD 326.29 million a year ago. Net income was USD 19.87 million compared to net loss of USD 35.45 million a year ago. Basic earnings per share from continuing operations was USD 0.2 compared to basic loss per share from continuing operations of USD 0.38 a year ago. Diluted earnings per share from continuing operations was USD 0.2 compared to diluted loss per share from continuing operations of USD 0.4 a year ago.